Page 3 - The Owen Report for December 2022
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                       As of Saturday, December 31, 2022




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,512,625                        +18.80%
            Median Price:                                $2,150,000                        +19.44%
            Maximum Price:                               $4,775,000                        +52.80%
            Total Sales Volume:                        $20,101,000                         +35.77%
            Total Units Sold:                                     8                        +14.29%
            Average Market Time of Units Sold:              97 days                        +223.33%
            Total Units Currently Active:                       23                          -17.86%
            Avg. Mkt. Time of Currently Active Units:      178 days                         +1.71%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,300,000
                                  24                            $3,100,000
     25                   22                                    $2,900,000
     20  17                                                     $2,700,000
                               15         16                    $2,500,000
     15                              12
             11                              12                 $2,300,000
     10                9                         8   7  8       $2,100,000
                  5                                             $1,900,000
      5
                                                                $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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